Canadian General Investments, Limited

TSX : CGI
TSX : CGI.PR.B
TSX : CGI.PR.C
LSE : CGI


Canadian General Investments, Limited

March 05, 2013 16:08 ET

Canadian General Investments: Investment Update-Unaudited

TORONTO, CANADA--(Marketwire - March 5, 2013) - Canadian General Investments, Limited (CGI) (TSX:CGI)(TSX:CGI.PR.B)(TSX:CGI.PR.C)(LSE:CGI) reports on an unaudited basis that its net asset value per share (NAV) at February 28, 2013 was $22.62, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 3.7% and 2.4%, respectively. These compare with the 3.5% and 4.6% returns of the benchmark S&P/TSX Composite Index on a total return basis for the same periods.

The closing price for CGI's common shares at February 28, 2013 was $15.95, resulting in year-to-date and 12-month market returns, with dividends reinvested, of 1.7% and -3.4%, respectively.

The sector weightings of CGI's investment portfolio at market as of February 28, 2013 were as follows:

Financials 21.9 %
Energy 20.5 %
Materials 18.8 %
Industrials 10.2 %
Consumer Discretionary 9.5 %
Health Care 4.8 %
Information Technology 4.1 %
Telecommunication Services 4.1 %
Utilities 3.1 %
Cash & Cash Equivalents 2.3 %
Consumer Staples 0.7 %

The top ten investments which comprised 34.0% of the investment portfolio at market as of February 28, 2013 were as follows:

Catamaran Corporation 4.8 %
Enbridge Inc. 3.9 %
Labrador Iron Ore Royalty Corporation 3.8 %
Franco-Nevada Corporation 3.6 %
Brookfield Canada Office Properties 3.6 %
Dollarama Inc. 3.6 %
Bank of Montreal 2.8 %
Rogers Communications Inc. 2.8 %
Canadian Pacific Railway Limited 2.6 %
Royal Bank of Canada 2.5 %

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